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General

Telecom Italia revenues down 3% in Q1, fibre clients soar to 6 mln

Tuesday 21 May 2019 | 08:55 CET | News
Telecom Italia reported a 2.9 percent year-on-year decline in revenues to EUR 4.47 billion in the first quarter of 2019, hit by increased domestic competition and the decision to close low-zero margin wholesale contracts at its international services arm Sparkle. The company's EBITDA for the quarter likewise fell, by 2.1 percent year on year on organic terms, to EUR 1.79 billion. However, TIM added that the EBITDA result was essentially flat on comparable terms and a substantial improvement on the 9.9 percent slump posted in the final quarter of 2018 thanks in part to a 1.7 percent rise in

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Categories: General
Companies: Persidera / Telecom Italia / TIM / TIM Brasil
Countries: Italy
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